SINGAPORE - OCBC Bank and infocommunications firm StarHub are investing S$6 million over 12 months "to build networks of partnerships across multiple industries and give customers better services, experiences and offers". OCBC group chief executive Samuel ... ( read original story ...)
StarHub, OCBC Bank invest $4.4M to link industries
Singapore’s second largest mobile operator StarHub and OCBC Bank formed a strategic alliance to drive the country’s collaborative economy, with plans to invest SGD6 million ($4.4 million) over 12 months to build networks of partnerships across multiple ... ( read original story ...)
Singapore stocks pause after logging best week in nine months
Singapore stocks edged lower on Monday as investors took a ... It ended 0.9 percent higher on Friday, taking the year-to-date performance to about 14 percent. United Overseas Bank gained 1.5 percent, Overseas-Chinese Banking Corp gained 0.1 percent and ... ( read original story ...)
Keppel acquires 50% stake in manager of upcoming US IPO
Keppel Corporation Limited acquired 50% of Keppel-KBS US REIT Management Pte Ltd (Keppel-KBS US REIT Manager), the manager of the pending initial public offering (IPO) of Keppel-KBS US REIT in the Singapore Exchange (SGX). According to a press release ... ( read original story ...)
Garena Gaming Platform Owner Aims to Raise $696 Million in IPO
The Singapore-based company, formerly called Garena, is marketing 49.7 million American depositary shares for $12 to $14 apiece, according to a regulatory filing Friday. Sea was founded by Chinese-born entrepreneur Forrest Li, now a Singapore citizen ... ( read original story ...)
Mandarin Orchard Singapore Named Best City Hotel in Singapore at the 28th Annual TTG Travel Awards
SINGAPORE, Oct. 9, 2017 /PRNewswire/ -- Meritus Hotels & Resorts' flagship Mandarin Orchard Singapore emerged "Best City Hotel -- Singapore" under the Travel Supplier category at the recently concluded 28 th Annual TTG Travel Awards 2017. Organised by TTG ... ( read original story ...)
November 2017 Singapore Savings Bonds is 2.07%
Different people will have different reasons for buying Singapore Savings Bonds. As the current stock market is expensive and most REITs are yielding 6% or less, I find it non attractive to buy into the stock market right now. As such, I have treated the ... ( read original story ...)
Banking sector must contribute to environmental protection: WWF
“Sustainable banking in ASEAN: addressing ASEAN’s forests, landscapes, climate, water and societies (FLAWS)” by the WWF and the National University of Singapore’s Business School’s Centre for Governance, Institutions and Organisations ... ( read original story ...)
The Centre for Finance, Technology & Entrepreneurship Preps Online Fintech Course
Singapore is described as the leading Fintech hub in Asia ... is Fintech innovation is a global phenomena that knows few boundaries outside of regulatory hurdles. Finance 2.0 will create many new job opportunities as CFTE’s Co-founder, Tram Anh Nguyen ... ( read original story ...)
Tencent-backed Southeast Asian gaming platform Sea sets terms for $646 million US IPO
Sea, which is leading online gaming platform in Southeast Asia, announced terms for its IPO on Friday. The Singapore-based company plans to raise $646 million by offering 49.7 million shares at a price range of $12 to $14. At the midpoint of the proposed ... ( read original story ...)
VTB Capital values Russia’s En+ at $9 bln-$12 bln ahead of IPO
The base amount of the deal mentioned by Malkov does not include Singapore's AnAn Group, a strategic partner of China's CEFC, which agreed to purchase global depository receipts (GDRs) during the IPO for $500 million. The IPO will be split between new and ... ( read original story ...)
Godrej Agrovet IPO subscribed 97 times on last day
The Rs1,157 crore IPO comprised a fresh issue of shares worth Rs291.5 crore ... which at the upper end of the price band will fetch the Singapore state-owned investor about Rs565.8 crore. Temasek invested Rs572 crore in 2012. Post share sale, Temasek ... ( read original story ...)
Godrej Agrovet $178 million IPO subscribed over 95 times
Godrej Agrovet was selling new shares worth 2.92 billion rupees in the IPO. Its main shareholder Godrej Industries was selling secondary shares of 3 billion rupees, and a unit of Singapore’s Temasek Holdings offered 12.3 million shares. Anchor investors ... ( read original story ...)
Godrej Agrovet IPO subscribed over 95 times on last day
Government of Singapore, among others, at Rs 460 apiece. Godrej Industries owns 60.81 per cent stake in Godrej Agrovet and intends to use the IPO proceeds towards loan repayments and other general purposes. The company is the largest palm oil producer in ... ( read original story ...)
Godrej Agrovet IPO subscribed 89% till noon on Day 2
On the first day, the IPO was subscribed 53 per cent ... The anchor investors include the Government of Singapore, First State Indian Subcontinent Fund, JP Morgan, Russell Investment Company, The India Fund Inc — Aberdeen, Goldman Sachs India, SBI ... ( read original story ...)
Godrej Agrovet IPO subscribed 2.37 times on second day
The IPO will close on 6 October ... which at the upper end of the price band will fetch the Singapore state-owned investor about Rs565.8 crore. Temasek invested Rs572 crore in 2012. Post share sale, Temasek will hold 13% in Godrej Agrovet. ( read original story ...)